Common use of VENDEX Clause in Contracts

VENDEX. 14.1 Vendor represents and warrants that any questionnaires submitted as part of the Vendex process have been, or will be, fully answered in accordance with the requirements set forth by the New York City Mayor’s Office of Contract Services. The veracity of the information submitted is a material inducement to NYC Health + Hospitals’ execution of this Agreement. 14.2 If clearance from the City’s Office of Inspector General cannot be obtained prior to execution of this Agreement and if subsequent to the execution of this Agreement NYC Health + Hospitals receives information from the Office of the Inspector General of the kind that would typically lead to a finding that a vendor is not responsible to receive a contract from NYC Health + Hospitals, then NYC Health + Hospitals may terminate this Agreement immediately without liability for any damages resulting therefrom. 14.3 Vendor must submit new Vendex questionnaires every three years from the date of its last submission of Vendex questionnaires so long as this Agreement is in effect.

VENDEX. 14.1 16.1 Vendor represents and warrants that any questionnaires submitted as part of the Vendex process have been, or will be, fully answered in accordance with the requirements set forth by the New York City Mayor’s Office of Contract Services. The veracity of the information submitted is a material inducement to NYC Health + Hospitals’ execution of this Agreement. 14.2 16.2 If clearance from the City’s Office of Inspector General cannot be obtained prior to execution of this Agreement and if subsequent to the execution of this Agreement NYC Health + Hospitals receives information from the Office of the Inspector General of the kind that would typically lead to a finding that a vendor is not responsible to receive a contract from NYC Health + Hospitals, then NYC Health + Hospitals may terminate this Agreement immediately without liability for any damages resulting therefrom. 14.3 16.3 Vendor must submit new Vendex questionnaires every three years from the date of its last submission of Vendex questionnaires so long as this Agreement is in effect.